The Board of Directors of Soma Textiles & Industries Ltd. met on May 30, 2026, and approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a significant increase in revenue from operations to 5,082 Lakhs for the quarter ended March 31, 2026, compared to 2,801 Lakhs in the previous quarter and 387 Lakhs in the corresponding quarter of the previous year. Net profit for the current quarter stood at 488 Lakhs, compared to 194 Lakhs in the previous quarter and 24 Lakhs in the corresponding quarter of the previous year.

Soma Textiles & Industries Ltd. is a company that has undergone a significant transition in its business operations. Previously engaged in the trading of cotton and cotton yarn, the company shifted its primary business focus to highway construction, effective from the quarter ended December 2025.

Following a Share Purchase Agreement dated July 9, 2025, the company underwent a change in control, with the existing promoters selling their shareholding to new promoters, including Roadway Solutions India Infra Limited, Mr. Ameet Harjinder Gadhoke, and Mrs. Teja Ranade Gadhoke. Consequently, the Board of Directors was reconstituted, with Mr. Ameet Harjinder Gadhoke appointed as the Managing Director.

The company’s financial performance reflects this strategic pivot, showing substantial growth in revenue and profit compared to the previous periods as it scales its operations in the highway construction sector.